Gold prices hit seven week high with USD at near 3-week low
Oct 12, 2015 (LBO) - Gold prices rose to a seven-week high on Monday with expectations that the Federal Reserve will postpone an expected U.S. interest rate …
World
Global economy going through period of change: IMF
Oct 12, 2015 (LBO) - The global economy is going through a period of change, the International Monetary Fund's Managing Director Christine Lagarde said during …
China launches international payment system
Oct 08, 2015 (LBO) – China's central bank on Thursday launched the first phase of the China International Payment System in a bid to open their currency to …
China Forex reserves posts record quarterly drop
Oct 07, 2015 (LBO) – China's foreign exchange reserves has posted a record drop in September quarter after its central bank intervened into the market to …
Volkswagen to start emission scandal recalls in Jan
Oct 07, 2015 (LBO) - German auto manufacturer Volkswagen says they will start to recall cars affected by its emissions scandal in January, foreign media …
US 2017 Green Card lottery begins
Oct 02, 2015 (LBO) – 2017 Diversity Immigrant Visa Lottery Program also known as the “Green Card” lottery has been opened for on-line registration from …
UN resolution on Sri Lanka adopted unanimously
Oct 02, 2015 (LBO) - The UN Human Rights Council resolution on Sri Lanka was adopted unanimously with it calling for a judicial process including …
India cuts key interest rate to bolster economy
Sept 29, 2015 (LBO) - India’s central bank reduced its policy interest rates by a larger-than-expected amount to support the economy amid China's slowdown, …
No change in Australia’s policy against maritime people smuggling
Sep 28, 2015 (LBO) – Australian new government reaffirms that it committed to protect its borders and will continue to stop anyone who attempts to come …
Japan’s move away from pacifism closely watched by region
Sept 28, 2015 (LBO) - Japan's move away from pacifism under Prime Minister Shinzo Abe will have regional repercussions, as the country looks towards an …
700 pilgrims killed in worst Haj tragedy in 25 years
Sept 25, 2015 (LBO) - More than 700 pilgrims have died in a crush outside the Muslim holy city of Mecca, with a further 800 people injured, media reports said. …
Developing Asia’s Growth Outlook Pressured by China, India Moderation – ADB
Sep 22, 2015 (LBO) – Developing Asia’s growth projection for 2015 is to be pressurized due to softer growth prospects of China and India and a slow …
Asia’s Bonds Pressured by Interest Rate, Currency Concerns – ADB Report
Sep 16, 2015 (LBO) - Bond markets in emerging Asia came under pressure in the past quarter amidst concerns over softer growth, depreciating currencies, and US …
Iran nuclear deal passes one test, months away from going into effect
Sept 11, 2015 (LBO) - The Iran nuclear agreement passed one test in the U.S. Senate on Thursday, but it is still months away from going into effect, media …
G-20 nations promise to avoid competitive devaluations
Sept 06, 2010 (LBO) - Finance ministers and central bankers from the Group of 20 nations have promised to avoid competitive devaluations after a two-day …
Asian stocks up as China takes long week-end break
Sep 03, 2015 (LBO) – Asian markets opened higher on Thursday, following a Wall Street rally on Wednesday and stronger commodity prices, foreign media reports …
Asian markets volatile; China extends losses, ASPI drops 1 pct
Aug 25, 2015 (LBO) - Asian share markets temporarily bounced back before heading into the red with Chinese stocks diving, a day after their worst plunge since …
Asian stocks volatile, China market drops 8.4 pct
Aug 24, 2015 (LBO) – Shares in the Asian markets continued to fall as a result of the volatility in the Chinese stocks, foreign media reports said. Chinese …
World’s top 20 billionaires under 35; Facebook’s Mark Zuckerberg tops list
Aug 21, 2015 (LBO) – Technology entrepreneurs dominate the list of the world’s 20 wealthiest individuals under the age of 35, as ranked by Wealth-X. buy …
Greece Prime Minister quits and calls general elections
Aug 21, 2015 (LBO) – Greek Prime Minister Alexis Tsipras has resigned last night putting the country in danger of political instability. online pharmacy buy …